Hoo boy... 'cryptic phrasing' is not a 'level' of writing, nor is a belief of understanding it necessarily an indication of any particular aptitude. It's communication, but not done at its best. Centuries later, numerous learned people still disagree over whatever Nostradamus was writing about, and it's not because centuries later all these people don't have the aptitude or are lazy. There is a tiny small minority of those, however, lazy or not, who understand brilliantly what he was writing, or at least, so they claim. Now if only Nostradamus was clearer and specific, these two groups of people would enjoy reversed positions today. What does that signify about but the communication skills of the writer? In any event, I can tell from your posts that you don't get - or don't want to get - the point of what I'm actually writing about, so perhaps I'll chalk it up to my level of writing being 'not reachable by some' and to life not being fair, as you suggest, and that's about all.
Hershey's Equity thread
- Thread starter oddiduro
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...let it goMany people may not agree with what Jack is teaching
but there are people who understand and truly want to
learn from Jack. Don't ruin it for others.
Now, instead of wasting time trying to put down someone
who is sincerely trying to help others. Why don't all you
people posting negative stuff about Jack try to help
people learn how to trade.
Oh wait, it's usually the people who don't know how to trade
that are wasting their time trying to put people down for
helping others. Think really hard and you will find that
it's very true.
but there are people who understand and truly want to
learn from Jack. Don't ruin it for others.
Now, instead of wasting time trying to put down someone
who is sincerely trying to help others. Why don't all you
people posting negative stuff about Jack try to help
people learn how to trade.
Oh wait, it's usually the people who don't know how to trade
that are wasting their time trying to put people down for
helping others. Think really hard and you will find that
it's very true.
Far be it from me to stop the Elucidator from elucidating.
Jack, you want to shut me up. Post some real-time trades. Show us you can really capture 2x-3x daily H/L of the ES. Show us 30%/month stock trades instead of all the academic stuff heretofore.
Put a fork in me, I'm done. Uh, for now.
Jack, you want to shut me up. Post some real-time trades. Show us you can really capture 2x-3x daily H/L of the ES. Show us 30%/month stock trades instead of all the academic stuff heretofore.
Put a fork in me, I'm done. Uh, for now.
I promised i wouldn't post, only subscribe, but you are right Trendy and that is precisely why im here too...Im actually going to do some Due Dili this weekend and give this a go...I also gave Mr. market a fair chance and did stand up for him when he had some consistent returns...but alas...it was only bull run sector picks he was making ...yes he made 15%, but usually he missed the fisrt 25% before it...jack may not work out but Im going to shut up try it out and if his system works im going to talk...if it doesn't, at the very least i got some good info....im more of 5-dime scalper so im going to broaden my horrizons a little bit and who knows...i may turn this over to some of my guys.
Trendy,
Be patient a few more days. He said himself that he is not a fraud. He starts at Labor Day. In the meantime read his poems. If you collected any yourself, I would love to read them.
I'm a BE DO HAVE person.
I am into win win stuff
And I do 4 steppers to iteratively refine where I BE. (A one page four question form)
lots of little girls go the HAVE DO BE route.
HAVE a tutu from mommy. Go to classes and DO dances to music. Get some ballerina pictures taken at the recitals to BE one.
from bubba7 at the psycho's forum
By narrowing down to a trading fractal that works easily in terms of extracting the market potential and being able to trade efficiently you can set a standard tp perform to from the characteristics in front of you.
We start with using the Natural cycle which I define and the cyclical movement displayed with EOD data by top notch stocks.
This is a 20% magnitude cycle whose up portion is 6 to 8 days.
We will shoot for entries and exits to make 50%, that is 1/2 the profits possible. I also shoot for being in the market 50% of the time. I do not exit and enter on the same day.
From here on out I will be just dealing with making money. this will involve:
1. Getting you completely set up for pulling universes and keeping the universe that the group is using current on this thread so it is most useful.
2. setting up the analysis process from top to bottom.
a. Getting the universe to yield three short lists:
(1) the stocks going to Breakout the next day.
(2) the stocks that have just broken out a little and are going to complete their breakout first full breakout day.
(3) the stocks that will breakout after the two above short lists.
b. Settting up an analysis on the stocks on the short list to prioritize them by their potential to make money.
c. Setting up an analysis to eliminate top notch stocks that are not reliable enough to make money.
3. Setting up a monitoring process for getting signals for making decisions.
4. Setting up a process for assessing and making decisions on held stocks each evening.
What happens is that three basic activities above will allow us to continually rotate money in a set of money streams in order to be able to focus on one stream after another as each day goes by. We can decide how much money to run in a portfolio. That money will be divided into streams to achieve the dailyfocus. The streams will just grow larger. We will not subdivide them ever.
As it turns out we are able to combine somestuff just by the nature of the process.
Use stocktables.com to get the universe list and simultaneously do the sort of the three short lists.
The lists come from one sort by making % increase in volume the ranking criteria.
1. This list comes from the bottom up. eliminate any low volume stocks (Use 200,000 shares as a cut off). Limit your list to 10 stocks
2. Get this list from the top using only gainers in price. It is two lists over lapped. Skip the others for now with this caliber group. Limit your list to 10 stocks.
3. Start where you left off with 1. and continue upward. Limit your list to 10 stocks.
After a couple people here post these we can get ready to begin to trade on Monday.
In the next post I will suggest what to do with the three lists by using clearstation. We will need a portfoilio for each list. If you pull stocks in other ways, just have the list on clearstation for your use.
If someone wants to set up the lists for ET'ers to use do that. I do not know if it is possible for a bunch of people to look at the same time. Flamers will fuck up these lists to be sure though.
We start with using the Natural cycle which I define and the cyclical movement displayed with EOD data by top notch stocks.
This is a 20% magnitude cycle whose up portion is 6 to 8 days.
We will shoot for entries and exits to make 50%, that is 1/2 the profits possible. I also shoot for being in the market 50% of the time. I do not exit and enter on the same day.
From here on out I will be just dealing with making money. this will involve:
1. Getting you completely set up for pulling universes and keeping the universe that the group is using current on this thread so it is most useful.
2. setting up the analysis process from top to bottom.
a. Getting the universe to yield three short lists:
(1) the stocks going to Breakout the next day.
(2) the stocks that have just broken out a little and are going to complete their breakout first full breakout day.
(3) the stocks that will breakout after the two above short lists.
b. Settting up an analysis on the stocks on the short list to prioritize them by their potential to make money.
c. Setting up an analysis to eliminate top notch stocks that are not reliable enough to make money.
3. Setting up a monitoring process for getting signals for making decisions.
4. Setting up a process for assessing and making decisions on held stocks each evening.
What happens is that three basic activities above will allow us to continually rotate money in a set of money streams in order to be able to focus on one stream after another as each day goes by. We can decide how much money to run in a portfolio. That money will be divided into streams to achieve the dailyfocus. The streams will just grow larger. We will not subdivide them ever.
As it turns out we are able to combine somestuff just by the nature of the process.
Use stocktables.com to get the universe list and simultaneously do the sort of the three short lists.
The lists come from one sort by making % increase in volume the ranking criteria.
1. This list comes from the bottom up. eliminate any low volume stocks (Use 200,000 shares as a cut off). Limit your list to 10 stocks
2. Get this list from the top using only gainers in price. It is two lists over lapped. Skip the others for now with this caliber group. Limit your list to 10 stocks.
3. Start where you left off with 1. and continue upward. Limit your list to 10 stocks.
After a couple people here post these we can get ready to begin to trade on Monday.
In the next post I will suggest what to do with the three lists by using clearstation. We will need a portfoilio for each list. If you pull stocks in other ways, just have the list on clearstation for your use.
If someone wants to set up the lists for ET'ers to use do that. I do not know if it is possible for a bunch of people to look at the same time. Flamers will fuck up these lists to be sure though.
The attachment is the spread sheet to used to assess stocks on clearstation.
It automatically sets up a rank number for each stock. Some stocks can be traded over and over. Because of this you can set up three cut manilla file folders to toss assessment sheets and trading results into.
There are all kinds of accounting things in this process. You need to get advice from an accountant. You have two problems. completing IRS filing requirements and paying. Deal with both now ahead of time.
A second evening assessment set of sheets is required too. this one pager handles stocks each listed on one line.
These sheets are for the potential buys. Held stocks and tenured stocks. We will get to tenured later.
You do assessment sheets on the weekend and then during the week you use the evening assessment sheets.
I will provide completed sheets for various historical periods as examples. they will have been done by others than myself to assure that they are more closely peer related. I expect people to post thiers here for getting Q's answered if they wish.
It automatically sets up a rank number for each stock. Some stocks can be traded over and over. Because of this you can set up three cut manilla file folders to toss assessment sheets and trading results into.
There are all kinds of accounting things in this process. You need to get advice from an accountant. You have two problems. completing IRS filing requirements and paying. Deal with both now ahead of time.
A second evening assessment set of sheets is required too. this one pager handles stocks each listed on one line.
These sheets are for the potential buys. Held stocks and tenured stocks. We will get to tenured later.
You do assessment sheets on the weekend and then during the week you use the evening assessment sheets.
I will provide completed sheets for various historical periods as examples. they will have been done by others than myself to assure that they are more closely peer related. I expect people to post thiers here for getting Q's answered if they wish.
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